Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Rio Tinto Says Oyu Tolgoi Copper Output Up 29% Year-to-Date

Rio Tinto Says Oyu Tolgoi Copper Output Up 29% Year-to-Date

MT newswireMT newswire2026/10/13 23:18
07:18 PM EDT, 10/13/2026 (MT Newswires) -- Rio Tinto (RIO) said Tuesday that copper production at its Oyu Tolgoi mine rose 27% in the third quarter from a year earlier and 29% in the first nine months of 2026. Global iron ore sales were 90.8 million metric tons in the quarter, up 3% from a year earlier, according to the company. Pilbara sales rose 2%. Rio Tinto said it has released more than $2 billion of capital through asset sales and other initiatives year-to-date as part of a $5 billion to $10 billion capital-release program.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

Barclays (BCS.US) bets on a merger between Tesla (TSLA.US) and SpaceX (SPCX.US) in December, but prediction markets give only a 19% probability.

Barclays analyst Levy predicts that Tesla and SpaceX may merge before December to achieve AI integration. However, data from Kalshi and Polymarket indicate that the probability of a short-term merger is very low, with the market favoring such a move after 2027.

智通财经•2026/10/15 09:07

Barclays (BCS.US) bearish on Dell (DELL.US): No inflection point in AI spending, memory costs are the main reason

Barclays has downgraded Dell from Overweight to Neutral and lowered the target price. The institution noted that corporate AI spending remains low and revenue growth is driven by memory shortages, which stands in stark contrast to Michael Dell’s optimistic outlook.

智通财经•2026/10/15 09:06